Markit’s manufacturing index fell to a two-month low of 47.3 from 48.8 in September, new figures show

France’s business downturn deteriorated in October to an eight-month low as firms cut prices at the fastest rate since the global financial crisis in (...)

Wage growth has been weak despite Britain’s strong economic recovery, but the number of people in employment and total hours worked have grown much more rapidly

British households’ incomes from employment rose at the fastest rate in more than five years in early October, but many families still feel under fina(...)

European Central Bank president Mario Draghi speaks during the Euro Star handover ceremony in Vilnius. Photograph: Ints Kalnins/Reuters

Euro zone business grew at the slowest rate this year in September, reflecting falling demand in the region where new orders were the weakest in almos(...)

A service industry PMI for France, the bloc’s second-biggest economy, sank to 49.4 after just two months in growth territory. Photograph: Christian Hartmann/Reuters
Eurozone suffers unexpected slowdown
  • Economy
  • September 23, 2014, 10:56

Euro zone business activity has expanded at a slightly weaker pace than expected in September as firms cut prices for the 30th month in a row. The dat(...)

People walking past a retail store that is having a sale in Rome. Italy slid into recession for the third time since 2008 in the second quarter. Photograph: Stefano Rellandini/Reuters

The European Central Bank (ECB) faces fresh calls to adopt growth-boosting measures after data out yesterday showed growth in the euro zone has stalle(...)

Workers prepare scaffolding at the construction site of the Berlin Fan Mile (Fanmeile) World Cup public viewing area near the Brandenburg Gate on June 12, 2014 in Berlin. Photograph: Sean Gallup/Getty Images)

Euro-area manufacturing and services activity weakened in June amid a further slowdown in France’s economy, underscoring the fragility of the recovery(...)

French business activity slipped back into contraction in May after just two months of growth.Photograph: Pascal Rossignol/Reuters

Euro-area services output expanded at the strongest pace in almost three years, helping create jobs in a region suffering from low inflation, anemic g(...)

The Euro zone PMI data will come as a relief to the European Central Bank, which has so far shrugged off calls for extra stimulus. Photo: Bloomberg

Euro zone businesses had a solid start to the second quarter of the year with activity picking up at its fastest pace in almost three years, surveys (...)

Growth in the US services sector accelerated in March, an industry report showed today, though the pace of employment slackened for a third str(...)

The headquarters of the European Central Bank (ECB). A services report by Markit Economics supports the European Central Bank’s projection that the euro-area economy will return to full-year growth in 2014. Photo: Bloomberg

Euro-area services output remained close to the highest level since 2011 in March, signalling that the economic recovery in the 18-nation euro (...)

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